A new report from Rena Labs and Insider.Cash suggests nearly
Satoshi Know How
Updated at: 2 hours ago
{"content":"A new report from Rena Labs and Insider.Cash suggests nearly all recent $MYX trading activity is market manipulation, not organic movement.
Researchers found 249 anomalies, including illiquidity events, volume spikes, and abnormal price ratios across Gate exchange.
Liquidity anomalies jumped 433%, with trade sizes shrinking by 67% during peak stress, and bid-ask spreads showing paradoxical contraction.
Odds all these events were organic? Less than 0.001%, meaning coordinated manipulation is almost certain.
Bubblemaps also flagged the $MYX airdrop as a possible record Sybil attack, with one entity controlling 100 wallets and profiting $170 million.","images":["https://d2kdcqywr8ua22.cloudfront.net/uploadfile/article/blog/2025092025/09/20/92b987d92b944a3981d01ea7469420ef.png"],"tags":[],"tradingPairs":[],"quotearticleid":0}